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washington we have a very g problem. not voting on plan b . it must have gone behind the 20 votes that were expected to be lobbed off from speaker boehner's cotroying get that. it makes you wonder how many were part of this avalanche that told the speaker, no way in heck we're going for this. have is the stance we're looking at. it will not be resolved tomorrow. this week. or next week. because remember, you have christmas next week. chances are, knowing these guys as i did do, they will not be keen to work christmas eve, and christmas day, that takes us to next wednesday, only a little more than a week ahead of the government possibly hitting a cliff. are you surprised? not at all. a great tragic comedy, neil, they will keep you in a job for the rest of yourife reporting on that. neil: i am not too shocked. i thought this dismissive you, that house leadership had of their rumbling ranks they would swallow this, i didn't see it, a lot of these tea party congressmen, 80 some odd that help propel john boehner to speaker got alleged against havin
washington we have a very g problem. not voting on plan b . it must have gone behind the 20 votes that were expected to be lobbed off from speaker boehner's cotroying get that. it makes you wonder how many were part of this avalanche that told the speaker, no way in heck we're going for this. have is the stance we're looking at. it will not be resolved tomorrow. this week. or next week. because remember, you have christmas next week. chances are, knowing these guys as i did do, they will not be...
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i do want to talk about all this hotter in washington. she said republicans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if you read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a big automatic tax increase that happens january 1. john boehner is -- gerri: i don't think all americans have their arms around this situation. what would be the real change when these ax hikes going to affect? >> we are focusing a lot on these rate hikes going on. you are also looking at something that hasn't gotten a lot of attention, which is a slew of obamacare that are hitting on january 1. a lot of others are taxes that are going to get americans when they can least afford it. there a lot of tax increases are going to hit this economy hard. we need
i do want to talk about all this hotter in washington. she said republicans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if you read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a...
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washington, d.c., blazed with that idea. the american people in survey after survey, thinking a thoughtful approach to this are the politicians. what do you think about the idea we should pay more attention to mental health in this country? >> are usually supported. one of the things that would be helpful agreeing with mental health is the stigmatizing it. there is so much shame surrounding a mental illness when the fact of the matter is a large portion of our society has diagnostic code. and most of those people are not violent, i just have to say. many people go without any issue. lou: those with a serious mental disorder. >> even if they have a serious mental disorder, most of them are not violent. a fraction of people who will always be violent and we have to look at that and address that issue. but mostly people mentally ill are not violent, and it is really important not to confuse mental illness and violence and furthhr stigmatize a group that is already having a hard time acknowledging or scapegoating them. lou: this
washington, d.c., blazed with that idea. the american people in survey after survey, thinking a thoughtful approach to this are the politicians. what do you think about the idea we should pay more attention to mental health in this country? >> are usually supported. one of the things that would be helpful agreeing with mental health is the stigmatizing it. there is so much shame surrounding a mental illness when the fact of the matter is a large portion of our society has diagnostic code....
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have the christmas spirit in washington. it is about to become a ghost town because everybody is heading out of town with no deal on the fiscal cliff. house republicans left the meeting last night with their leadership. they called it the plan b because it didn't have enough gop support in the past. others drew a line. in fact... >> that's the same 40, 50 chuckle heads all year starting with hr 1 has screwed this place up. he has done everything in his power to make nice with them to bring them along and make them feel included. it hasn't mattered. i don't fault him. he does his best. >> raises taxes on any one isn't right to me. they are cutting spending that's what the problem is. >>> republicans were able to pass a bill that protected the pentagon from the fiscal cliff cut. as far as the automatic across the board tax hikes are concerned that are part of the fiscal cliff it is now up to senate democrats. here's his statement the house has already passed legislation to stop all of the january 1st tax rate increases and rep
have the christmas spirit in washington. it is about to become a ghost town because everybody is heading out of town with no deal on the fiscal cliff. house republicans left the meeting last night with their leadership. they called it the plan b because it didn't have enough gop support in the past. others drew a line. in fact... >> that's the same 40, 50 chuckle heads all year starting with hr 1 has screwed this place up. he has done everything in his power to make nice with them to...
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it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earliest that they would be expected to get back to work
it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with...
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>> for monday looks like it could be quiet but you never know what will come out of washington. the twenty-seventh is when we will hear something but the uptick we saw on the close, also induce a triple witch which is the futures expiration for december. other than that light volume, we have some potentially big market moving news and whatever happens in washington and who knows? liz: will be a big holiday week for the markets. dave: thank you. liz: can never take a break. shares of under are rising today. one of the few retailers that has done pretty well. let's head to nicole petallides on the floor of the stock exchange. nicole: 3-1/3% for under armor. this is a clear winner when you talk about vince in people where, under armour is doing well because nike came out and nike reported strong sales, athletic apparel is hot and under armour is one of the beneficiaries of that. when you talk about nike, bring it close, up 6% so nike was a real winner and they talk about demand going forward topping estimates so obviously both nike and under armour, a great day on a day when we saw
>> for monday looks like it could be quiet but you never know what will come out of washington. the twenty-seventh is when we will hear something but the uptick we saw on the close, also induce a triple witch which is the futures expiration for december. other than that light volume, we have some potentially big market moving news and whatever happens in washington and who knows? liz: will be a big holiday week for the markets. dave: thank you. liz: can never take a break. shares of under...
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good luck in washington. cheryl: all right, markets now obviously watching these markets they are down 166 on washington's fiscal cliff stalemate but charles payne, that is not charles payne. charles payne is going to be here. he says don't panic. dennis: a lot of worries today. a white christmas not making it easy for millions of travelers as airport delays pile up. we are live at chicago's o'hare. so glad i am not traveling this christmas. cheryl: as we do every day this time we look at the metal, gold, silver and copper moving hire. dennis: time to make money with charles payne. he is telling investors to follow the advice in the hitchhiker's guide to the galaxy, don't panic. charles: as rod stewart would say. we have a couple things we are thinking about. two things, remember the debt ceiling debacle but also remember t.a.r.p.. think about this. with t.a.r.p. we collapsed from 10,000 to 600 on the dow. we had a temporary pullback with respect to the debt ceiling. if you monthly traded sideways after falli
good luck in washington. cheryl: all right, markets now obviously watching these markets they are down 166 on washington's fiscal cliff stalemate but charles payne, that is not charles payne. charles payne is going to be here. he says don't panic. dennis: a lot of worries today. a white christmas not making it easy for millions of travelers as airport delays pile up. we are live at chicago's o'hare. so glad i am not traveling this christmas. cheryl: as we do every day this time we look at the...
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meanwhile, there are other developments out of washington today, when it comes to the white house coverup of the benghazi terrorist attack that killed four americans on september 11. a state department official admits that cables warning about serious security concerns went to the highest levels of the state department and possibly seen by the secretary of state hillary clinton. now, here's how we learned all of this. secretary clinton was supposed to testify before lawmake ors capitol hill earlier today. but due to a so-called concussion, she was forced to reschedule. deputy secretary of state william burns went in her place. during his testimony, burns acknowledged these cables actually existed and went all the way up the chain. watch this. >> the department review was briefed on the cables sent from the post in june and august of 2011, regarding the security situation, to what level did those cables get reviewd? >> well, they certainly would have been reviewed up through assistant secretary and maybe some of my colleagues on the seventh floor saw them as well. >> sean: guess who sits o
meanwhile, there are other developments out of washington today, when it comes to the white house coverup of the benghazi terrorist attack that killed four americans on september 11. a state department official admits that cables warning about serious security concerns went to the highest levels of the state department and possibly seen by the secretary of state hillary clinton. now, here's how we learned all of this. secretary clinton was supposed to testify before lawmake ors capitol hill...
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there is so many worries about washington. the truth is you are seeing selling across the board and the financials continue to be under significant pressure. that to you. melissa: the nra is speaking out today. violent video games and movies share blame for such a tragedy and calling for armed police and such schools. >> they are already in some schools and school systems. we decided to figure out what would this cost. fox business has determined if he were to put an armed police officer in every private or public school, it would be roughly $5 billion to taxpayers assuming the security guard is making an average of $34,000. wayne from it nra had the press conference where he called uuon all kinds of issues, but made it very clear and simple. >> the only way to stop a monster from killing our kids is to be personally involved and invested in a plan of absolute protection. the only thing that stops a bad guy with a gun is a good guy with a gun. >> he also went on to talk about the need for hollywood to accept some responsibilit
there is so many worries about washington. the truth is you are seeing selling across the board and the financials continue to be under significant pressure. that to you. melissa: the nra is speaking out today. violent video games and movies share blame for such a tragedy and calling for armed police and such schools. >> they are already in some schools and school systems. we decided to figure out what would this cost. fox business has determined if he were to put an armed police officer...
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john: you fly them to washington d.c. because? >> the world war ii memorial was not built until 2004. of the last of the memorial's. 65 years later by that time the veterans are in their 80s or 90s and did not have the means financially are physically to make it. john: very few have seen it. >> amazingly many veterans have not flown since world war ii. honor flight completely raise as the money and wanted to thousand veterans have had a chance to see their memorial. >> it is to say o a veteran thank you even after 70 years we know what you did and to give someone that gift is amazing. john: you hear about this and you make a movie posted a reason dot com? >> my business partner posted the video on veterans day 2009. it bought 35,000 views but more e-mails than ever before to people say i am crying. this reminds me of my father or grandfather and what it means to be an american. we had to make a bigger move the. the next thing we knew we quit our jobs, restarted a company to make the film and once you go on the flight you understan
john: you fly them to washington d.c. because? >> the world war ii memorial was not built until 2004. of the last of the memorial's. 65 years later by that time the veterans are in their 80s or 90s and did not have the means financially are physically to make it. john: very few have seen it. >> amazingly many veterans have not flown since world war ii. honor flight completely raise as the money and wanted to thousand veterans have had a chance to see their memorial. >> it is...
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to expose power grabs in washington. but now the press is working in concert with the obama administration. no longer do we have a skeptical media when it comes to confronting power. the president's liberal ideology is compatible with the liberal belief system of many media bosses. and so we are seeing a tremendous power grab in washington. that's not being challenged by many in the media talking points admit very few americans understand what's going on and certainly many voters had no clue in november. just remember, every time. every time a new law is passed, even the good ones the state grows more powerful the individual grows weaker. that's the truth and that's the memo. now for the top story tonight. reaction. joining us from los angeles leslie marshall and from washington kirsten powers, both are democrats and fox news contributors. so on the level of brilliance, kirsten, how would you rate that memo? i don't know what is worse than an f? can i give you a g? >> bill: really? what a tough prop. >> yeah. you know, b
to expose power grabs in washington. but now the press is working in concert with the obama administration. no longer do we have a skeptical media when it comes to confronting power. the president's liberal ideology is compatible with the liberal belief system of many media bosses. and so we are seeing a tremendous power grab in washington. that's not being challenged by many in the media talking points admit very few americans understand what's going on and certainly many voters had no clue in...
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what should washington be doing? newt gingrich has been there before and he has some ideas this morning. >> brian: storm system dumping tons of snow, stranding holiday passengers passengers and delaying packages. look how bad the storm could get. >> steve: so many movie, so little time. which ones are worth your ten bucks this christmas? that's just for the ticket. not counting the popcorn. we're making it easy. we'll tell you the ones to see and the ones to avoid. "fox & friends" hour two for the friday before christmas starts right now. ♪ bells on bob tail ring ♪ making spirits bright ♪ what fun it is to ride and sing a sleighing song tonight. ♪ snot jingle bells, jingle bells ♪ ♪ jingle all the way ♪ . >> alisyn: this morning, we need him. he is such an icon on the streets of providence, rhode island. he's been dancing there for decades. i remember when i was a reporter in providence, he was always the talk of the town. >> steve: if you're going to get a ticket, you want it from tony. he's been on th
what should washington be doing? newt gingrich has been there before and he has some ideas this morning. >> brian: storm system dumping tons of snow, stranding holiday passengers passengers and delaying packages. look how bad the storm could get. >> steve: so many movie, so little time. which ones are worth your ten bucks this christmas? that's just for the ticket. not counting the popcorn. we're making it easy. we'll tell you the ones to see and the ones to avoid. "fox &...
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tonight we have the rain line in the north bay watch washington the computer animation is going do. wide spread rain for the morning commute. morning drive will feature a rough ride with the wind kicking up as we head into 7:00 a.m. the front hasn't moved much. at 9:00 a.m. it's barely moving. see moderate rainfall around the santa cruz mountains. in the afternoon this front stalls out so the moisture is right over the bay area. 5:00 p.m. evening event away. holiday travel plans will be slow. next batch saturday morning could be possibility of thunder with the system scattered showers on saturday. more rain on sunday. all said and done north bay mountains up to 8 inches this of rain into sunday 4:00 p.m. santa cruz mountains up to 6 inches. 3 to 6 inches in the north bay. 2 to 4 in the peninsula. urban small stream flooding likely but the rivers major rivers should be fine. watch out for down tree and power lines. we have a wind advisory for the north bay mountains and coast until 4 a.m. tomorrow. peninsula coast san francisco peninsula coast until 10:00 a.m. tomorrow gust to 50 mil
tonight we have the rain line in the north bay watch washington the computer animation is going do. wide spread rain for the morning commute. morning drive will feature a rough ride with the wind kicking up as we head into 7:00 a.m. the front hasn't moved much. at 9:00 a.m. it's barely moving. see moderate rainfall around the santa cruz mountains. in the afternoon this front stalls out so the moisture is right over the bay area. 5:00 p.m. evening event away. holiday travel plans will be slow....
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we're not closer to a deal in washington today. you can tell from the sell-off, investors do not like it. >> no, posting their largest decline since november 14th, in case you were wondering. although we are off the lows of the session right now. the dow was down 189 two hours into the trading session. we've come off those lows. but at this point, the dow is down 1% for the week and we are down 1% today at 13,173. nasdaq lower, as well. let's see how many percentage points we're down right now. down 1.25%. the technology sector is taking a bigger hit today. down to 3,012 on the nasdaq and the s&p 500 index is down 1% at 1428. . >> house speaker john boehner says he's still open to a offer from the democrats. >> it was a dramatic evening last night. john harwood was there. he has the latest on the on talks. are there any talks, john? >> i think so. but they're pretty muted. this bill was not win of those weeks that makes washington look good. come to think of it, there aren't many weeks that make washington look good. but this was e
we're not closer to a deal in washington today. you can tell from the sell-off, investors do not like it. >> no, posting their largest decline since november 14th, in case you were wondering. although we are off the lows of the session right now. the dow was down 189 two hours into the trading session. we've come off those lows. but at this point, the dow is down 1% for the week and we are down 1% today at 13,173. nasdaq lower, as well. let's see how many percentage points we're down...
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catherine herridge has been following the hearings and she is live for us this evening in our washington newsroom. catherine, officials talked about some warnings that they got before the attacks. >> well, shep. senators today pushing secretary clinton's deputies on classified state department cables warning the threat from terrorists in benghazi was spiking. >> you were aware of the security risk there. we have read the cables. you were fully aware and either you sent people there with security or you don't send them there. >> an august classified cable first reported by fox news summarized an emergency meeting in benghazi one month before the attack. the cable directly warned clinton's office here in washington that the consulate could not defend against a coordinated assault. adding that the cia briefed on location of approximately 10 islamist militias and al qaeda training camps within benghazi. the cable was sent by ambassador stevens and it's been described as a smoking gun warning because it foreshadowed how four americans, including stevens, would eventually die on 9/11 as well a
catherine herridge has been following the hearings and she is live for us this evening in our washington newsroom. catherine, officials talked about some warnings that they got before the attacks. >> well, shep. senators today pushing secretary clinton's deputies on classified state department cables warning the threat from terrorists in benghazi was spiking. >> you were aware of the security risk there. we have read the cables. you were fully aware and either you sent people there...
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will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a bill right now and try to force speaker boehner's hand and have him accept any sort of tax increase, at least allow a vote and something that could pass in the house? mainly by democratic votes? that is unclear at this point. right now, harry reid is calling on the house to pass their enate bill and speaker boehner is relenting at there point. >> zachary, you cover economic policy. can you give me any clues of what is happening behind the scenes? are republicans saying, good gosh, if they would means test medicare and change retirement age, i would m
will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a...
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democrats continue to run washington. what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy, and he simply won't deal honestly with entitlement reform and the big issues that are facing our country. we need significant spending cuts and real tax reform to address our long-term debt problem and pave the way for long-term growth and real growth in jobs in our country. we'll continue to work with our colleagues in the house and the senate on a plan that protects families and small businesses from the fiscal cliff. again, i think we saw last night yet the next chapter in this saga of trying to resolve the situation of the fiscal cliff. it is clear that our conference has been consistent in its commitment to doing something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue in dialogue with this president to actually fix the problem. i hope that we see that our
democrats continue to run washington. what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy, and he simply won't deal honestly with entitlement reform and the big issues that are facing our country. we need significant spending cuts and real tax reform to address our long-term debt problem and pave the way for long-term growth and real growth in jobs in our country. we'll continue to...
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investors lose faith in washington. a rough friday before christmas. is the fiscal cliff already here? >>> church bells will ring 26 times for the victims in sandsy hook. one week after the terrible tragedy. >>> friday, december 21st. "starting point" begins right now. >>> good morning, a major political blow for house speaker john boehner, one that will affect his position. house republicans abandons him, and it forced the speaker to cancel a vote on plan "b" which would have extended bush tax cuts on incomes below $1 million. congressional correspondent dana bash there was and watched it unfold. walk us through what happened? >> it really was stunning. that is the perfect word, soledad. i was watching all day, talking to republicans to try and figure out if the speaker had the votes. really hard to imagine he was so far out. so far out on this being a strategy. republicans want to prove that they won't let things go up. i was watching earlier votes. watching the speaker's team on the floor, trying to twist arms and trying to get republican votes, and
investors lose faith in washington. a rough friday before christmas. is the fiscal cliff already here? >>> church bells will ring 26 times for the victims in sandsy hook. one week after the terrible tragedy. >>> friday, december 21st. "starting point" begins right now. >>> good morning, a major political blow for house speaker john boehner, one that will affect his position. house republicans abandons him, and it forced the speaker to cancel a vote on plan...
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half as the economy teethers on the edge of the fiscal cliff we have the trade you need to make if washington sends us over. we'll zero in as well on one of the best trades of 2012. can it continue to make shareholders smile in the new year? we'll show you what it is and how to play it. we'll also trade a little mobile payments i think when we come back. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national let
half as the economy teethers on the edge of the fiscal cliff we have the trade you need to make if washington sends us over. we'll zero in as well on one of the best trades of 2012. can it continue to make shareholders smile in the new year? we'll show you what it is and how to play it. we'll also trade a little mobile payments i think when we come back. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your...
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it's a weird night in washington. more live from capitol hill when we come back. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ male announcer ] lease a 2013 e350 for $579 a month try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> there is breaking news to report tonight out of washington. strange breaking news out of washington. within the last hour republican house speaker john boehner appears to have completely lost control of his own caucus. a dramatic turn of events as the white house and house republicans were
it's a weird night in washington. more live from capitol hill when we come back. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ male announcer ] lease a 2013 e350 for $579 a month try running four.ning a restaurant is hard, fortunately we've got ink. it gives us...
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doug mcelway is live ph washington. there are nice things about greece that you won't mind emulating, but your budget, their economy not one of them. >> the parthanon a nice thing to see when you go to athens. when ron paul was running he got huge applause when he said a government that continues to deval its currency destroys the middle class. >> they don't have the money, they run out of borrowing power, guess what they do. they start printing money. >> reporter: the federal reserve has printed more moon to deep interest rates low. most economists agree there is a big risk in there, the debt to gdp ratio is 102%. our debt is actually greater now than the amount of money the entire u.s. economy produces. even at historically low interest rates that interest on the debt will cost the u.s. $222 billion this year. 570billion by the year 20, 22 if the rates stay that low. if interest rates ricin slightly every sector of the economy will have a hard time paying its bills. >> servicing the debt is hard now. this is with inte
doug mcelway is live ph washington. there are nice things about greece that you won't mind emulating, but your budget, their economy not one of them. >> the parthanon a nice thing to see when you go to athens. when ron paul was running he got huge applause when he said a government that continues to deval its currency destroys the middle class. >> they don't have the money, they run out of borrowing power, guess what they do. they start printing money. >> reporter: the federal...
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Dec 21, 2012
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. >>> the friday before christmas and it is a busy day in washington, d.c. the president just made his announcement that senator john kerry of massachusetts is his choice to succeed hillary clinton as secretary of state. but his business yea day started with a moment of silence to remember the victims at sandy hook elementary school in newtown, connecticut. from wall street to main street, millions of americans stopped to remember the 20 children whose precious lives were so senselessly cut short in a high-tech hail of bullets. [ bell tolling ] they stopped to remember the children, chase, charlotte, daniel and caroline among them who won't be celebrating christmas next week or ever again. their loss and the painful thought of the lives that might have been have rekindled a call to action against guns that politicians in both parties have muzzled for 20 years. and as americans mourned and strengthened their resolve to put an end once and for all to the slaughter of the innocents, the nra broke its silence with a diatribe dressed up as a press conference from
. >>> the friday before christmas and it is a busy day in washington, d.c. the president just made his announcement that senator john kerry of massachusetts is his choice to succeed hillary clinton as secretary of state. but his business yea day started with a moment of silence to remember the victims at sandy hook elementary school in newtown, connecticut. from wall street to main street, millions of americans stopped to remember the 20 children whose precious lives were so...
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Dec 21, 2012
12/12
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democrats continue to run washington. what the president has proposed so far won't do anything to solve our spending problem. more spending and more tax hikes will hurt the economy and simply won't deal honestly with the entitlement reform and the big issues facing the country. we need significant spending cuts and real tax reform to address our long term debt problem and pave the way for long-term growth and real growth in jobs in our country. we will continue to work with our colleagues in the house and senate on a plan that protects families and small businesses from the fiscal cliff. >> i think we saw last night the next chapter in this saga of trying to resolve the situation of the fiscal cliff. it is clear our conference has been consistent in its commitment to doing something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue and dialogue with this president to actually fix the problem. i hope that we see our colleagues on the other side of the capital can d
democrats continue to run washington. what the president has proposed so far won't do anything to solve our spending problem. more spending and more tax hikes will hurt the economy and simply won't deal honestly with the entitlement reform and the big issues facing the country. we need significant spending cuts and real tax reform to address our long term debt problem and pave the way for long-term growth and real growth in jobs in our country. we will continue to work with our colleagues in...
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Dec 21, 2012
12/12
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what matters is the tone of the market is much better than the tone out of washington. like i said, there's always ait. right here on "mad money." i'm jim cramer and i'll see you tomorrow. >>> good evening, everyone. i'm larry kudlow. so a crucial moment for our economy and for our right to bear arms. high drama on capitol hill right now as house republican speaker john boehner looks to pass his plan b fiscal cliff bill in a million dollar tax threshold. votes aren't there yet. that's why we are following this live through the whole thing this evening. >>> and as the president's new anti-gun violence task force starts work, we learn that now outside experts have yet joined that panel. meanwhile, the debate on gun control rages across the country. tonight we will hear from outspoken tv host piers morgan and former new york mayor rudolph giuliani. "the kudlow report" begins right now. >>> first up, the latest on the vote of plan b. the plan b bill sponsored by john boehner that may decide how deep into january they have to go for a solution. may decide the fate of the eco
what matters is the tone of the market is much better than the tone out of washington. like i said, there's always ait. right here on "mad money." i'm jim cramer and i'll see you tomorrow. >>> good evening, everyone. i'm larry kudlow. so a crucial moment for our economy and for our right to bear arms. high drama on capitol hill right now as house republican speaker john boehner looks to pass his plan b fiscal cliff bill in a million dollar tax threshold. votes aren't there...
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Dec 21, 2012
12/12
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house members are leaving washington. they'll return after christmas. >> you have to believe this is so telling about the trouble that speaker boehner is having corralling his troops in the house. even though the president said $250,000, they went up to $400,000 and boehner said $1 million. even that wasn't enough to appease some republicans in the house. absolutely no tax hikes. so this says a lot about speaker boehner's leadership and his control over the house. buildli buildling a consensus there. so now we don't know where things are going to go from here. >> it was a complete failure and embarrassment. >> it was. >> i think we can all agree. >> again, all of this, no matter who fails or wins, it leaves the country in limbo, because people are like, it's abstract now. you open that first check in january, everyone is going to go, this is what the fiscal cliff meant. >> not so abstract. >> no. >>> in other news, new jersey's popular governor will not face a challenge from another leading politician in that state. newar
house members are leaving washington. they'll return after christmas. >> you have to believe this is so telling about the trouble that speaker boehner is having corralling his troops in the house. even though the president said $250,000, they went up to $400,000 and boehner said $1 million. even that wasn't enough to appease some republicans in the house. absolutely no tax hikes. so this says a lot about speaker boehner's leadership and his control over the house. buildli buildling a...
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Dec 21, 2012
12/12
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we go live to washington. the very latest details. >>> and michael phelps' pick for the athlete of the year. this is a surprise. this guy, he never wins anything. good morning. welcome to "early start," everyone. i'm john berman. >> i'm zoraida sambolin. it's nice to have you with us. it is early, 5:00 a.m. in the east. the fury of the first winter storm is making holiday travel very difficult if not impossible. today new england is expected to get slammed by that storm. at least seven traffic-related deaths in four states are blamed on this crazy severe weather. as the storm barrelled through the plains and the great lakes, more than a foot of wet, heavy snow fell in parts of iowa and wisconsin. there were hundreds of flights canceled right at the height of the holiday travel, as you very well know. check this out. power lines sparking. look at that. and snapping. >> holy -- wow. >> and the storm's worst, 400,000 power customers in the region had no electricity. that number was down to 133,000 by yesterday af
we go live to washington. the very latest details. >>> and michael phelps' pick for the athlete of the year. this is a surprise. this guy, he never wins anything. good morning. welcome to "early start," everyone. i'm john berman. >> i'm zoraida sambolin. it's nice to have you with us. it is early, 5:00 a.m. in the east. the fury of the first winter storm is making holiday travel very difficult if not impossible. today new england is expected to get slammed by that...
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Dec 21, 2012
12/12
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because it's not great in washington. because it hasn't been great in washington. there was a perception when president obama won fairly big, that it would improve in washington. but the people who were voting on this are beholding to their constituents and have taken a no-tax increase pledge. the president won a lot of votes, and it just doesn't work like that. >> we'll be seat agnew congress in -- we'll be seating a new congress in the new year. the house will be republican, the senate will be democrat, but not the 60 votes to override -- >> but we have to give back some of -- people are buying stocks because they thought there was going to be a deal. they have to rethink that. i mean, a lot of hedge funds are thinking, i'm okay, there's really no news between now -- there's a pact among all the research firms, don't issue anything, don't do sells. these guys are obviously not focused on that in washington. you have to roll back some of what's happening. >> right. >> some of what's been good. not all of it -- why were you laughing when i said you said panic was a
because it's not great in washington. because it hasn't been great in washington. there was a perception when president obama won fairly big, that it would improve in washington. but the people who were voting on this are beholding to their constituents and have taken a no-tax increase pledge. the president won a lot of votes, and it just doesn't work like that. >> we'll be seat agnew congress in -- we'll be seating a new congress in the new year. the house will be republican, the senate...
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Dec 21, 2012
12/12
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will washington rise above the rhetoric and get a deal done? find out how traders are feeling about the fiscal cliff and beyond. here's the futures right now. they haven't gotten much worse. >>> till to come on "squawk box," a little holiday cheer from cee lo green. >> what do you want for christmas? >> for christmas? ♪ all i need is love >> musician, producer, and star of "the voice" talks up his new holiday album and gets "squawk" into the spirit of the season. ♪ make me crazy ♪ does that make me crazy she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back, everybody. only a few trading days left in 2012. joining us is boris schlossberg. our guest hosts barry snap and roger altman are here, as well. japan had been driving things until we went over this plan "b" not be
will washington rise above the rhetoric and get a deal done? find out how traders are feeling about the fiscal cliff and beyond. here's the futures right now. they haven't gotten much worse. >>> till to come on "squawk box," a little holiday cheer from cee lo green. >> what do you want for christmas? >> for christmas? ♪ all i need is love >> musician, producer, and star of "the voice" talks up his new holiday album and gets "squawk"...